2310 Fraim DrPell CityAL35128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Pell City at 2310 Fraim Dr, Pell City, AL, 35128 priced at $315,000 converts $1,843/mo rent into after a $1,542/mo obligation. Total monthly income equals $1,843/mo. Return on cash invested prints 18.81% in year one, and rental yield reads 7.02% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 96.93% and total cumulative return in cash sums $101,213. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,843/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Townhouse
Built in 1986
0.25 Acres lot
$N/A/sqft
$160 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35128, Pell City, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,275 (100%) |
| Owner Occupied HU | 3,881 (73.6%) |
| Renter Occupied HU | 880 (16.7%) |
| Vacant Housing Units | 514 ( 9.7%) |
| Median Home Value | $329,044 |
| Average Home Value | $345,017 |
Housing Distribution
Address Breakdown
Residential
4,830
Single Family
4,830
Multi-Family
0
Businesses
204
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Arrington • Keller Williams Pell City
Mls Name: GALMLS
Mls Provider:
Mls ID: #21397242
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.